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American Tower Corp (AMT)

American Tower Corp brought in $10.9B of revenue over the twelve months to June 30, 2026, up 6.6% from a year earlier. Net income was $3.4B, a net margin of 31.1%. Operating cash flow minus capital spending left $3.8B of free cash flow in fiscal 2025. At June 30, 2026 it held $1.8B in cash against $5.2B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on July 28, 2026.

Price
$169.03
+1.06% on the day · September 25, 2026
52-week range $160.06 to $196.08
Market cap
$78.8B
Revenue (last 12 months)
$10.9B
+6.6% year on year
Net margin
31.1%
P/E
31.3
on FY2025 diluted EPS

What American Tower Corp does

American Tower owns, operates, and develops multitenant communications real estate, primarily wireless cellular towers, broadcast towers, and data centers. The company leases antenna space on its towers to wireless service providers, radio and television broadcast companies, and government agencies. Its shares trade on NYSE under the ticker AMT.

Revenue and profit by year

Revenue
FY18: $7.4B $7.4B FY18FY19: $7.6B $7.6B FY19FY20: $8B $8B FY20FY21: $9.4B $9.4B FY21FY22: $9.6B $9.6B FY22FY23: $10B $10B FY23FY24: $10.1B $10.1B FY24FY25: $10.6B $10.6B FY25
Net income
FY18: $1.2B $1.2B FY18FY19: $1.9B $1.9B FY19FY20: $1.7B $1.7B FY20FY21: $2.6B $2.6B FY21FY22: $1.8B $1.8B FY22FY23: $1.5B $1.5B FY23FY24: $2.3B $2.3B FY24FY25: $2.5B $2.5B FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$10.6B$4.8B$2.5B$5.40$3.8B
2024$10.1B$4.5B$2.3B$4.82$3.7B
2023$10B$3.1B$1.5B$3.18$2.9B
2022$9.6B$2.7B$1.8B$3.82$1.8B
2021$9.4B$3.1B$2.6B$5.66$3.4B
2020$8B$2.9B$1.7B$3.79$2.8B
Next report expected around October 13, 2026.

Estimated from its filing rhythm: about 77 days after its last report of July 28, 2026, its usual gap. Not a date the company has announced. See the report calendar

Where AMT ranks in Real estate

Revenue$10.6B
#2 of 162 in Real estate · Top 1%
Revenue growth+5.1%
#74 of 159 in Real estate · Top 46%
Net margin23.8%
#50 of 162 in Real estate · Top 30%
Free cash flow margin35.5%
#20 of 88 in Real estate · Top 22%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Real estate

Dividends

American Tower Corp declared $6.72 per share in fiscal 2025. At the current price that is a yield of 3.98%. It paid out $3.2B in cash dividends, 126% of its net income.

Fiscal yearPer sharePaid outOf profit
2025$6.72$3.2B126%
2024$6.56$3B134%
2023$6.31$3B203%
2022$4.30$2.7B154%
2021n/a$2.3B88%
2020n/a$1.9B114%

Per share as declared (or paid, where only that is reported), adjusted for stock splits the company itself restated. Yield is the latest fiscal year's dividend over the current price.

Latest SEC filings

What American Tower Corp has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. September 18, 2026
  2. September 14, 2026
  3. September 10, 2026
  4. September 9, 2026
  5. September 9, 2026
  6. September 9, 2026
  7. July 28, 2026
    Quarterly report 10-Q · period to June 30, 2026
  8. July 28, 2026
  9. June 4, 2026
  10. June 2, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on September 23, 2026. Insider transactions on SEC

What is AMT worth? A DCF from its reported cash flow

Insider trades

What the people running American Tower Corp did with its shares, from the Form 4 filings they must send the SEC within two business days.

Insiders bought $500.7K worth of shares on the open market in the last 90 days and sold none.

Bought (open market)
$500.7K
last 90 days
Sold
$0
last 90 days
Net bought
2,829
$500.7K
DateInsiderWhatSharesPriceValueFiling
August 21, 2026 Kalathur RajeshDirector Bought 2,829 $177.00 $500.7K Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

All filings on SEC EDGAR

Questions about AMT

What does American Tower Corp do?

American Tower owns, operates, and develops multitenant communications real estate, primarily wireless cellular towers, broadcast towers, and data centers. The company leases antenna space on its towers to wireless service providers, radio and television broadcast companies, and government agencies. Its shares trade on NYSE under the ticker AMT.

Is American Tower Corp profitable?

Yes. Over the twelve months to June 30, 2026 it reported net income of $3.4B on revenue of $10.9B, a net margin of 31.1%.

How much revenue does American Tower Corp make?

Over the twelve months to June 30, 2026 American Tower Corp reported revenue of $10.9B. That is 6.6% more than a year earlier.

When did American Tower Corp last report?

Its most recent periodic report is the quarterly report (10-Q) filed on July 28, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the new insider holdings from September 23, 2026.

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Where the numbers come from

Financial figures are the values American Tower Corp tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.